PPP Loan information for Merito group, llc

$539,203

Merito group, llc was initially approved for PPP Loan of amount $539,203, the current approved amount is $539,203. The loan was approved on 01/16/2021 by The Old Dominion National Bank reported 31 jobs and $539,203 was used to fund payroll.

Merito group, llc is Existing or more than 2 years old

MERITO GROUP, LLC

Date Approved

01/16/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

MERITO GROUP, LLC

Borrower Address

1934 Old Gallows Rd Ste 404

Borrower City

Vienna

Borrower State

VA

Borrower Zip

22182-4008

Loan Status Date

03/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

539202.50

Current Approval Amount

539202.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

448691

Servicing Lender Name

Old Dominion National Bank

Servicing Lender Address

4916 Plank Rd

Servicing Lender City

NORTH GARDEN

Servicing Lender State

VA

Servicing Lender Zip

22959-1613

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Vienna

Project County Name

FAIRFAX

Project State

VA

Project Zip

22182-4008

CD

VA-11

Jobs Reported

31

NAICS Code

541990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

539201.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

448691

Originating Lender

Old Dominion National Bank

Originating Lender City

NORTH GARDEN

Originating Lender State

VA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

544904.75

Forgiveness Date

02/25/2022

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